Tag: Ben Traynor

Quiet Gold Market Needs Big Bang

Quiet Gold Market Needs Big Bang

SPOT MARKET gold prices traded above $1610 an ounce Tuesday morning in London before falling back, slightly below where they started the week, while European markets edged higher following news of better-than-expected German economic growth. Silver prices briefly rallied back above $28 per ounce before retreating, while other commodities were similarly flat on the day. “Despite wide daily […]

Bullion Market “Marking Time” Until Federal Reserve Symposium, Euro Currency “Does Not Need Saving”

Bullion Market “Marking Time” Until Federal Reserve Symposium, Euro Currency “Does Not Need Saving”

U.S. DOLLAR gold prices traded slightly lower Friday morning in London, hovering around $1610 an ounce for most of the session, as stock markets also edged lower and US Treasuries gained, after trade data from China provided further signs of economic slowdown. China’s trade surplus fell by 20% month-on-month in July, with both import and export growth […]

Gold Seeks “Foothold Above $1600″, China Stimulus “Likely to be Positive for Gold”

Gold Seeks “Foothold Above $1600″, China Stimulus “Likely to be Positive for Gold”

London Gold Market Report from Ben Traynor BullionVault Thursday 9 August 2012 WHOLESALE MARKET prices to buy gold bullion hovered in a tight range around $1615 an ounce for much of Thursday morning in London – marginally above where they started the week – before dipping slightly around lunchtime, while stock markets also edged lower following gains earlier […]

Gold Investors Waiting for Signal

Gold Investors Waiting for Signal

WHOLESALE quoted prices for gold bullion fell below $1620 an ounce during Monday morning’s London session – slightly below last week’s close – while stocks gained and US Treasuries fell, with markets focused on key monetary policy decisions due later in the week. Silver bullion hovered around $27.70 an ounce – in line with Friday’s close – while […]

Dollar Danger Threatens Gold –  Euro Hits 2-Yr Low

Dollar Danger Threatens Gold – Euro Hits 2-Yr Low

WHOLESALE gold bullion prices fell to $1569 an ounce during Monday morning’s London trading – 0.9% off Friday’s close – as stocks, commodities and the Euro also traded lower and US Treasuries gained, following news that two Spanish regions plan to ask for bailouts. Silver bullion fell to $26.88 an ounce – a 1.9% drop on where it […]

Gold Saddled with Uncertainty Over QE

Gold Saddled with Uncertainty Over QE

WHOLESALE MARKET gold prices ticked lower Wednesday morning in London, dropping below $1580 an ounce, while stock markets and commodities were broadly flat and US Treasuries gained, as markets continued to digest yesterday’s testimony to Congress by Federal Reserve chairman Ben Bernanke. Like gold, silver prices also eased, falling as low as $27.04 an ounce in Wednesday morning’s […]

Gold “Alternating Between Up and Down Weeks”, More QE “Appropriate” for US Economy

Gold “Alternating Between Up and Down Weeks”, More QE “Appropriate” for US Economy

By Ben Traynor – BullionVault U.S. DOLLAR gold prices held above $1580 an ounce Monday morning in London – broadly in line with last week’s close – while major European stock markets were broadly flat on the day, with the exception of Spain’s Ibex.   Gold prices ended down last week, falling back below $1600 on Friday, following the […]

Gold In Sideways Range Ahead of European Summit

Gold In Sideways Range Ahead of European Summit

WHOLESALE MARKET gold bullion prices dropped below $1570 an ounce during Monday morning’s London session, though they remain broadly in line with where they ended last week, with markets focused on this week’s European leaders’ summit. Gold bullion is now at levels similar to those seen in the second week in May, when gold fell through $1600 […]

Liquidation Could Send Silver Down to $18

Liquidation Could Send Silver Down to $18

By Ben Traynor – BullionVault  Euro Weakness “Contributing to Gold’s Fall”, Lagarde “Throws the Gauntlet Down” to Merkel WHOLESALE MARKET gold prices traded as low as $1560 an ounce Friday morning, before recovering some ground by lunchtime in London, while European stock markets were also down and commodities were broadly flat. Silver prices meantime sank to a […]

London Gold Market Report

London Gold Market Report

FOMC “Influencing Gold More Than Eurozone”, Extending Operation Twist “May Not Be Sufficient”, Spanish Borrowing Costs Soar The silver price traded in a tight range just below $29 an ounce – 1.7% up on Monday’s low. Over in India, traditionally the world’s biggest gold buying nation, local press report that the Rupee gold price set a fresh record in Delhi Tuesday, […]

Gold Falls Following “Bernanke Curve Ball”, US “Lacks Credible Fiscal Plan”

Gold Falls Following “Bernanke Curve Ball”, US “Lacks Credible Fiscal Plan”

WHOLESALE MARKET prices for gold bullion hit a low of $1561 an ounce during Friday’s Asian session – 4.8% down on this week’s high – while stocks and commodities also fell this morning and major government bond prices gained. On the currency markets, the Euro dropped back below $1.25 as the Dollar rallied, after Federal […]

Counterattack by Bulls Sets Up Gold for Weekly Gain

Counterattack by Bulls Sets Up Gold for Weekly Gain

WHOLESALE MARKET gold prices climbed as high as $1594 an ounce during Monday morning’s London trading, jumping 1.5% in the first two hours, while Eurozone stocks looked to have stemmed four days of losses despite Greece and Spain seeing negative ratings decisions. A day earlier, Dollar prices to buy gold jumped 2% in two hours during […]

$1522 Next Target for Gold

$1522 Next Target for Gold

London Gold Market Report from Ben Traynor WHOLESALE MARKET gold bullion prices dipped below $1550 an ounce for the first time since December on Tuesday – a fall of 7% since the start of this month – before regaining some ground by lunchtime in London. “The bear channel support had been at $1581,” say technical […]

Gold Hits 4-Month Low as Markets Fear Greece

Gold Hits 4-Month Low as Markets Fear Greece

SPOT MARKET gold bullion prices fell to their lowest level in four months during Wednesday morning’s London trading, hitting $1581 an ounce – 3.7% down on the week so far – while European stock markets and commodities also fell and US Treasuries gained, with Greek uncertainty continuing to cast a shadow. A day earlier, gold […]

Physical Bullion Demand Giving “No Support”, S&P Downgrades Spanish Banks

Physical Bullion Demand Giving “No Support”, S&P Downgrades Spanish Banks

SPOT MARKET gold bullion prices held above $1660 an ounce during Monday’s morning trading London – holding on to gains from last week of 1.1% – while stock markets ticked lower, commodities were broadly flat and US and German government bonds gained as Spain continued to generate headlines. “On the physical front [however] things were […]

Bullish and Bearish Developments in Gold

Bullish and Bearish Developments in Gold

by Ben Traynor BullionVault Friday 13 April 2012   Highlights from this week’s GFMS Gold Survey 2012 launch…   EARLIER this week, Thomson Reuters GFMS, the world’s foremost research firm focusing on precious metals, launched its Gold Survey 2012.   For those weighing up the pros and cons of making a gold investment this year there […]

Demand for Physical Gold Grows as Strike Ends in India

Demand for Physical Gold Grows as Strike Ends in India

Gold “Needs Bigger and Better News” for Support as Stocks Tumble U.S. DOLLAR gold bullion prices fell as low as $1642 an ounce during Tuesday morning’s London trading – though still slightly up on last week’s close following Asian session gains – while stock markets fell and commodities were flat as markets digested last Friday’s […]

Gold Sinks to 3-Month Low as Fed “Distances Itself” from Further QE Stimulus

Gold Sinks to 3-Month Low as Fed “Distances Itself” from Further QE Stimulus

from Ben Traynor – BullionVault THE U.S. DOLLAR gold price hit its lowest level since early January on Wednesday morning,when it sank to $1622 an ounce ahead of US markets open. Silver prices dropped to $31.76 an ounce – a fall of 1.7% for the week so far, but still just above lastweek’s low. Stocks […]

Gold Market “To See Little Business” This Week with India Striking and China Closed

Gold Market “To See Little Business” This Week with India Striking and China Closed

London Gold Market Report By Ben Traynor – BullionVault WHOLESALE MARKET prices to buy gold dropped to $1672 an ounce Tuesday lunchtime in London – a 0.7% fall from the previous day’s high – while stocks and commodities traded lower and US Treasury bond prices rose ahead of the release of the latest Federal Reserve policy […]

Gold Climbs Above 200-day Average, Bernanke “Dovish Again” while Eurozone “Still Insolvent”

Gold Climbs Above 200-day Average, Bernanke “Dovish Again” while Eurozone “Still Insolvent”

THE SPOT MARKET gold price traded just below $1700 an ounce for most of Tuesday morning in London – over 4% up on its low last week – before heading lower just ahead of the US markets open as the US Dollar regained some of the ground it lost on Monday following comments by Federal […]

London Gold Market Report

London Gold Market Report

Gold Gains as Fed Chairman Points to “Continued” Stimulus, Euro Leaders To Increase Bailout Firewall, But Spain “Risks Contagion” WHOLESALE MARKET gold prices jumped to $1679 an ounce ahead of Monday’s US trading – up nearly 1% on last week’s close – while stocks, commodities and the Euro also gained and government bond prices dipped, […]

Gunning for Gold: Why emerging market governments are turning their attention on the gold market

Gunning for Gold: Why emerging market governments are turning their attention on the gold market

Q: What links Turkey, India and Vietnam? A: Weak currencies, trade deficits – and a suspicion that gold is to blame… HERE’S the scenario: a falling currency, a widening trade deficit, and a population buying more and more gold. What’s the result?  Well, it tends to be an unhappy government – followed by a policy response. […]

Gold Remains Vulnerable while Silver Support Threatened by Downtrend, UK Deficit Surprises

Gold Remains Vulnerable while Silver Support Threatened by Downtrend, UK Deficit Surprises

By Ben Traynor London Gold Market Report WHOLESALE MARKET gold prices rose to $1660 an ounce Wednesday morning London time – more or less where they ended last week – before easing ahead of US markets open, while stock, commodity and government bond prices held broadly steady following news that the UK government deficit rose […]

Gold Looking Vulnerable to the Downside as Fed Takes Surprisingly Dovish Stance

Gold Looking Vulnerable to the Downside as Fed Takes Surprisingly Dovish Stance

WHOLESALE MARKET gold prices dropped to their lowest level in 8-weeks, hitting $1641 an ounce shortly after US markets opened on Wednesday – 4.4% down on the week so far. Stock markets gained while US Treasury bonds fell, following yesterday’s news that US Federal Reserve policy will remain unchanged this month. The Dollar meantime added […]

Gold Buyers “On the Sidelines” Playing “Wait and See” Ahead of FOMC Announcement

Gold Buyers “On the Sidelines” Playing “Wait and See” Ahead of FOMC Announcement

SPOT MARKET gold prices drifted as low as $1694 per ounce Tuesday morning in London – 1.3% down on the week so far – while stocks and commodities rose slightly and US Treasuries dipped ahead of today’s US Federal Reserve interest rate decision. Silver prices fell to $33.43 per ounce – 2.5% down on last […]

Gold Drops Below $1700, US Speculative Positions Fall After “Severe Blow”

Gold Drops Below $1700, US Speculative Positions Fall After “Severe Blow”

THE DOLLAR gold price fell back through $1700 an ounce as US markets opened on Monday, continuing its slide begun when Asian markets opened several hours earlier. The silver price dropped to $33.63 per ounce – a 2.0% fall on last week’s close – while stocks and commodities edged lower and US Treasury bond prices gained […]

London Gold Market Report 03/09/12 – BullionVault

London Gold Market Report 03/09/12 – BullionVault

from Ben Traynor BullionVault Friday 9 March 2012, 09:10 EST Gold and Silver Down on Week, Stocks and Dollar Rally Following Nonfarms Release, Chinese Inflation News “Could See Boost for Gold’s Value” SPOT MARKET gold prices fell by over $20 an ounce within one hour Friday lunchtime in London, while stock markets rallied along with […]

London Gold Market Report 03/08/12 – BullionVault

London Gold Market Report 03/08/12 – BullionVault

from Ben Traynor BullionVault Thursday 8 March 2012, 08:45 EST Inflation “Tying Hands” of ECB as Rates Unchanged in Eurozone and UK, Fed Reaction “Key to Precious Metals Case” SPOT MARKET prices to buy gold were hovering around $1700 per ounce Thursday lunchtime in London, following the latest interest rate announcements from the European Central […]

London Gold Market Report 02/27/12 – BullionVault

London Gold Market Report 02/27/12 – BullionVault

from Ben Traynor BullionVault Monday 27 February 2012, 08:30 EST Precious Metals “Under Pressure” as Investors and Traders “Take Breather” and G20 “Adds to Risk Anxiety” by Putting Onus on Germany to Solve Crisis U.S. DOLLAR prices for buying gold dropped to $1764 an ounce Monday morning London time – a 0.5% fall from Friday’s […]

By February 27, 2012 0 Comments Read More →
London Gold Market Report 02/15/12 – BullionVault

London Gold Market Report 02/15/12 – BullionVault

from Ben Traynor BullionVault Wednesday 15 February 2012, 09:00 EST Euro Crisis “Still Supporting Gold” as Germany’s Concerns Grow over Greece’s Second Bailout SPOT MARKET gold prices rose to $1732 per ounce Wednesday lunchtime in London, slightly above where they started the week, as European stock markets dipped amid ongoing uncertainty over Greece’s second bailout. […]

By February 15, 2012 0 Comments Read More →
LinkedIn
 
LLC. Copyright © 2014 All rights reserved. No portion of this site may be reproduced or copied without Written Permission
PO Box 916909 Longwood, Florida 32791-6909 | Office Hrs M-S 7:00AM-7:00PM | Toll Free: 800-579-5228 | Email:news@coinweek.com

ABOUT COINWEEK | ADVERTISING | WEEKLY COIN GIVEAWAY | SHOW SCHEDULE | CONTRIBUTE ARTICLES | NEWSLETTER | TERMS OF USE